Canola futures close mixed as soyoil gains offset crude drop
Canola futures close mixed as soyoil gains offset crude drop Source link
USD/CHF Price Forecast: Holds bullish bias above 0.80 neckline
The USD/CHF advances some 0.11% trades near nine-week highs of 0.7991 as risk aversion boosted the Greenback, which has trimmed some earlier losses, to challenge the 0.8000 figure.USD/CHF Price Forecast:…
Crude Oil shrugs as Trump threatens war over a helicopter
Trump announced on Tuesday that his military had concluded Iran shot down one of its Apache helicopters over the Strait of Hormuz during the overnight session, and that the US…
Silver Price Forecast: XAG/USD bears target $60 as selling pressure intensifies
Silver (XAG/USD) tumbles more than 3.5% on Tuesday as price action remains driven by rapidly changing headlines surrounding the Middle East war. At the time of writing, XAG/USD is trading…
Oil inventories headed toward multi-decade lows, US EIA warns
Oil inventories headed toward multi-decade lows, US EIA warns Source link
USD rebounds: What’s changed technically in the major pairs?
The USD has reversed course from the declines earlier today. Stocks which were higher at the beginning of the day have now reversed sharply to the downside. The NASDAQ index…
Canada’s Trade Surplus Widened in April
Canada’s trade balance moved into a $2.7 billion surplus in April, widening from $1.8 billion the prior month. Exports in April rose by 1.6% month-on-month (m/m) following sturdy gains over…
18 consecutive months and running: China’s central bank extends Gold-buying spree
China’s central bank, one of the major Gold purchasers worldwide, continued to add the precious metal to its vaults in April, in a sign that demand from sovereigns remains high.The…
US: Small Business Optimism Eases in May as Price Pressures Trek Higher
The NFIB’s Small Business Optimism Index fell 0.6 points to 95.3 in May, disappointing market expectations for a modest uptick to 96.1. The Uncertainty Index rose 3 points to 91,…
British Pound: Flow-driven gains eye resistance – Scotiabank
Scotiabank’s Analyst Team notes Sterling is a moderate outperformer versus core majors, supported by broader risk appetite rather than domestic data. They highlight ongoing political uncertainty around the June 18…
